QUOTE(C-Note @ Oct 11 2020, 03:56 PM)
any opinion on 3033.hk etf that tracks the Hang Seng Tech Index?
QUOTE(AVFAN @ Oct 11 2020, 11:13 PM)
i bought some on debut day, hkd7.70.
last closing 7.52.
been quite volatile, partly due to US tiktok ban issue, maybe wechat/tencent too.. tencent is in HSTECH etf.
but i have confidence longer term.
Out of the 4 available Tech ETFs listed in the HKeX, the one with the lowest fee is IShares HSTech, ticker symbol : 3067. Last close was HKD 15.74.
When or... more like IF Ant Financials can truly perform like everybody expected, upon Ant being included into these ETFs 6 months after listing, the ETFs will rise. Ant will pull everybody up,... thing is now, will Ant perform to expectations.... many funds are readying themselves to subscribe to the IPO upon approval by the HKeX. The SSE has already given its blessings,....
If The US Gov't keeps 'going after' Ant,....... will there be long term risks ? This is a question we must ask ourselves, apart from reading everywhere that Ant very much depends on China and not so much on US transactions. How abt if one day,... the HKD is 'totally unlocked' from the USD hedge ?
Our investments in the HKD will suffer then,....